Paramount expects dampened performance in 3Q amid MCO reinstatement

KUALA LUMPUR (Sept 6): While Paramount had returned to the black in its second quarter ended June 30, 2021 (2QFY21), the group, which has joined a consortium to bid for a digital banking licence, said it is expecting its financial performance to be hampered in the subsequent quarter amid the Covid-19 pandemic and the ensuing lockdowns.

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Passing of an iconic nation builder

The passing of Datuk Teo Chiang Quan, chairman and executive director of Paramount Corp Bhd on May 24, has left Malaysian corporate and property development sector players in a state of shock and despair.

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Paramount looks to expedite RM177m in special dividend payout

KUALA LUMPUR (Feb 21): Paramount Corp Bhd wants to expedite the distribution of the RM177 million allocated as special dividend to its investors following the completion of the sale of its controlling equity interest in its pre-tertiary education business to Prestigion Education Sdn Bhd yesterday.

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